Longboat Energy PLC (AIM:LBE, FRA:8YG) (AIM:LBE, FRA:8YG) CEO Helge Hammer joins Proactive London as the company begins counting down to the spud of the Egyptian Vulture exploration well.
This well is offshore Norway, which is slated by operator Equinor for late August, targeting some 103mln barrels of prospective resources with ‘upside’ potential seen up to 208mln.
Hammer explains how they are looking forward to a busy period of almost continuous drilling and frequent value catalysts during the next 18 months.